Mandata Network Limited
Registered name: MANDATA NETWORK LIMITED
Part of Tenzing Limited groupMandata Network Limited made £432k revenue and a £134k loss in the year to 29 Feb 2024.
Mandata Network Limited’s revenue fell 14% to £432k in the year to 29 Feb 2024, with a loss of £134k and 2 employees. The company is classified under “other information technology service activities” and is based in Newcastle Upon Tyne; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 29 Feb 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £501k | £432k |
| Cost of sales | £103k | £68k |
| Gross profit | £398k | £364k |
| Operating profit | −£123k | −£145k |
| Profit after tax | −£112k | −£134k |
| Profit (best available) | −£112k | −£134k |
| Employees (average) | 3 | 2 |
| Ratios | ||
| Profit margin | −22.4% | −31% |
| Gross margin | 79.4% | 84.3% |
| Revenue per employee | £167k | £216k |
| Profit per employee | −£37.3k | −£67k |
| Growth (year on year) | ||
| Revenue growth | — | ▼13.8% |
| Headcount growth | — | ▼33.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £73k | £130k |
| Net assets | −£273k | −£407k |
| Fixed assets | £2m | £1.7m |
| Current assets | £461k | £140k |
| Debtors | £8k | £8k |
| Deferred income | £85k | £63k |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −31%
- Profit ÷ revenue.
- Gross margin
- 84.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £216k
- Revenue ÷ average employees.
- Profit per employee
- −£67k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 399.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 14.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£407k
- Cash at bank
- ▲78%
- Now £130k
- Headcount
- ▼33%
- Now 2
- Deferred income
- ▼26%
- Now £63k
- Fixed assets
- ▼15%
- Now £1.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Tenzing Limitedultimate parent75–100%
- Tenzing Pe Managing Member Ltd75–100%
- Tenzing Pe II GP LLP50–75%
- Project Galaxy UK Topco Limited75–100%
- Project Galaxy UK Midco Limited75–100%
- Project Galaxy UK Bidco Limited75–100%
- Mandata Group Limited75–100%
- Mandata Network Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Mandata Solutions LimitedRev. £1.8m · Profit −£133k
- Mandata (Holdings) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 29 Feb 2024 (profit −£134k), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.